The home-Buying season will shortly be upon us. Soon, the weather will warm and buyers all around the state will come out of their hibernation looking for that lake home or cabin that they’ve been dreaming about all winter. But let me fill you in on a little secret: those buyers are already out […]
If you have ever applied for a loan, you may have felt like you’re trying to prove your worth to someone else – sometimes a group of people you’ve never met. At Deerwood Bank we strive to make this experience different from what you may experience with other financial institutions. Here are four ways […]
In January 1982, interest rates on a 30-year fixed mortgage were 17.48 percent. Can you imagine?! If you haven’t been following interest rates, they’re now hovering around 2.75 percent on that same 30-year fixed mortgage. To put that in perspective, if you bought a home in January 1982, your monthly payment on a $200,000 […]
The summer housing market is upon us! Houses are beginning to fly off the market and it is getting busier and busier. Whether you are a first-time home buyer or looking to buy that lake cabin up north, it is more important than ever to be prepared to buy. If you are new to […]
Looking to buy your first home? Or maybe you’ve had a home for years and are now starting to eye-up an upgrade. Whatever your situation, it is important to understand the mortgage process and things to keep an eye out for. The mortgage process can be overwhelming – there are many twists and turns […]
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